TaxMasters News–2009

2009-12-16 TaxMasters, Inc. Outlines Strategic Growth Plan for 2010
TaxMasters, Inc. (OTC Bulletin Board: TAXS), the IRS tax relief company, today issued a letter to shareholders highlighting its 2009 financial results through the third quarter and outlining its plan for continued growth in 2010. Read more…

2009-12-08 TaxMasters, Inc. Creates New Jobs in 2009 Despite Challenging Economy
TaxMasters, Inc. (TAXS), the IRS tax relief company, today confirmed employee growth numbers for 2009. Since January 1, 2009, the company has added 107 new employees, a 53% increase, and now totals 307 total employees. Read more…

2009-12-03 TaxMasters, Inc. TaxMasters, Inc. Makes Waves on the Big Biz Show
TaxMasters, Inc. (OTCBB: TAXS), the IRS tax relief company, was featured Monday on the Big Biz Show with Sully Sullivan and Russ T Nailz (http://bigbizshow.com) as part of a segment aptly named “Small Caps are People, too.” The hosts interviewed Alex Clamon, the Vice President of Sales for TaxMasters. While Sullivan seemed most interested in how TaxMasters had quietly become the first IRS tax resolution company to be publicly traded, Nailz was practically signing up for tax help on the spot. Read more…

2009-11-10 TaxMasters, Inc. Managing Growth, Improving Efficiency, Increasing Speed of Service
TaxMasters, Inc. (OTCBB: TAXS), the IRS tax relief company, began operational implementation this week of a proprietary system to increase productivity and improve customer service. The system, known as P3, cataloged and analyzed the Company’s internal Processes, Procedures, and Policies (P3) in an effort to identify and target opportunities to increase efficiency. The P3 Report was finalized in April and consists of a comprehensive assessment including efficiency recommendations linked to objective standards and measurable criteria. After experimental implementation of the recommended changes in early Q2, TaxMasters has seen steady improvements in workflow, speed of service, and customer service management throughout Q2 and Q3. Read more…

2009-10-27 TaxMasters, Inc. Prepares for Fourth Quarter Surge
TaxMasters, Inc. (OTCBB: TAXS) finalized plans this week to take advantage of the expected surge in sales that begins for the IRS tax relief industry in October and builds through April of the following year. TaxMasters reported sales for the first six months in 2009 of $18,758,000, an increase of $12,348,000 or 193 percent, over 2008 sales for the same period of $6,410,000. The company used this growth data along with historical data to plan for the expected 4Q increase in sales. Read more…

2009-08-17 Public Trading Begins for TaxMasters, Inc. (TAXS)
 TaxMasters, Inc., received its stock trading symbol of TAXS, effective August 12, 2009. The issuing of the symbol means that TaxMasters is now officially a publicly traded company. This event is the direct result of the August 4th closing in which Crown Partners, Inc. acquired 100% ownership of TaxMasters, Inc. by the issuance of shares of its common stock and preferred stock to Patrick R. Cox, TaxMasters’ sole shareholder at the time of closing. Read more…

Company Spokesperson

DeWayne Logan– 281-760-4758